Chuck Todd - Wikipedia
Town Hall Meeting in Johnstown, Pennsylvania (29 March ) Transcript of Obama's Remarks in Muncie, Indiana (12 April ) Reverend Jeremiah Wright's speech at a Press Club event (29 April ) .. fuels his critics" by Christina Bellantoni, The Washington Times (7 September ). Transcript of the Dec. 7, broadcast of NBC's 'Meet the Press,' featuring President-elect Barack Obama. This is a list of notable persons and groups who formally endorsed or voiced support for 5 Presidential staff and advisors; 6 Military; 7 National political figures; 8 Mayors DeGette Switches Support to Obama Archived September 26, , at the Wayback Machine. .. "Meet the Press' transcript for October 19, ".
And, you know, right now there's a number of discussions about how to do that, and I hope that we're going to see some short-term progress in the next few days. My economic team is focused on what we expect to inherit on January 20th, and we'll have some very specific plans in terms of how to move that forward.
But help me out here. Are you looking at the possibility of some kind of a government structure that runs that reorganization? I--we don't want government to run companies. Generally, government historically hasn't done that very well.
Barack Obama presidential primary campaign - Wikipedia
Not to run the companies but Well, what, what we do need is, if taxpayer money is at stake, which it appears may be the case, we want to make sure that it is conditioned on a auto industry emerging at the end of the process that actually works, that actually functions. The last thing I want to see happen is for the auto industry to disappear. But I'm also concerned that we don't put 10 or 20 or 30 or whatever billion dollars into an industry, and then, six months to a year later, they come back hat in hand and say, "Give me more.
They're going through extraordinarily difficult times right now, and they want to see the kind of accountability that, that, that, unfortunately, we haven't always seen coming out of Washington.
But under that organization or any reorganization that you settle on Here's what I'll, I'll say, that it may not be the same for all the, all the companies, but what I think we have to put an end to is the head-in-the-sand approach to the auto industry that has been prevalent for decades now.
I think, in fairness, you have seen some progress made incrementally in many of these companies. You know, they have been building better cars now than they were 10 or 15 or 20 years ago. They are making some investments in the kind of green technologies and, and the new batteries that would allow us to create plug-in hybrids.
- 'Meet the Press' transcript for Sept. 7, 2008
- Barack Obama On Meet the Press Sept. 7, 2008?
- Barack Obama
What we haven't seen is a sense of urgency and the willingness to make tough decisions. And what we still see are executive compensation packages for the auto industry that are out of line compared to their competitors, their Japanese competitors who are doing a lot better. Now, it's not unique to the auto industry. We have seen that across the board. Certainly, we saw it on Wall Street. Figure out ways in which workers maybe have to take a haircut, but they can still keep their jobs, they can still keep their health care and they can still stay in their homes.
That kind of notion of shared benefits and burdens is something that I think has been lost for too long, and it's something that I'd like to see restored. Let's talk for a moment about consumer responsibility when it comes to the auto industry.
As soon as gas prices began to drop, consumers moved back to the larger cars once again, to SUVs and the big gas consumers. We're not going to have gasoline that you can just fill up your tank for 20 bucks anymore. Well, keep, keep in mind what's happening in--to families all across America. Yes, gas prices have gone down. But, in the meantime, maybe somebody in the family's lost their job. In the meantime, their housing values have plummeted. In the meantime, maybe their hours have been cut back.
Or if they're a small-business owner, their sales have gone down 50, 60, 70 percent. So putting additional burdens on American families right now, I think, is a mistake. What we have to do long term is make sure that we have an energy strategy that focuses on fuel-efficient cars, that focuses on providing incentives for fuel-efficient cars.
Same applies to buildings. We have a enormously inefficient building stock, and we can save huge amounts of energy costs and reduce our dependence on foreign oil by simple things like weatherization and changing the lighting in, in major buildings.
That's going to be part of our economic recovery plan. It actually allows us to spend some money, put some people to work right away, but it also creates a long-term, sustainable energy future. And I think making some of those investments in ensuring that we change our auto fleet over the next several years, that's going to be important as well. The other big financial storm that continues to build out there, of course, are mortgages.
You said recently that is an area of particular concern to you. The chairman of the Federal Reserve, Bernanke, said recently that something that--needs to be done urgently. During the course of the campaign, you suggested a three-month moratorium. Is that still part of the policy that you would like to have begun when you become president of the United States?
And what else needs to be done to do something about mortgages? Well, I, I'm having my team examine all the options that are out there. I'm disappointed that we haven't seen quicker movement on this issue by the administration. And we have said publicly and privately that we want to see a package that helps homeowners not just because it's good for that particular homeowner, it's good for the community.
When you have foreclosures, property values decline and you get a downward spiral all across America. It's also good for the financial system because keep in mind how this financial system became so precarious in the first place.
You, you had a huge amount of debt, a huge amount of other people's money that was being lent, and speculation was taking place on--based on these home mortgages. And if we can strengthen those assets, then that will strengthen the financial system as a whole. So I think a moratorium on foreclosures remains an important tool, an important option.
I think we also should be working to figure out how we can get banks and homeowners to renegotiate the terms of their mortgages so that they are sustainable. The vast majority of people who are at threat of foreclosure are still making monthly payments, they want to stay in their homes, they want to stay in their communities, but the strains are enormous.
And if we can relieve some of that stress, long term it's going to be better for the banks, it's going to be certainly better for the community, it's going to be better for our economy as a whole.
This is going to be a top priority of my administration. Have you personally conveyed your disappointment to the administration or had your economic advisers get in touch with Hank Paulson and say, "Why aren't you doing more about mortgages?
We, we have specifically said that, moving forward, we have to have a housing component to any actions that we take. If we are only dealing with Wall Street and we're not dealing with Main Street, then we're only handling one-half of the problem.
And finally, what about those homeowners out there who are struggling to do the responsible thing, to pay their mortgages? And now they look across the street and the neighbor may be getting bailed out. So they feel they're the victim of a double whammy. They're paying their taxes to bail out the guy across the street and struggling to pay their mortgages. Why wouldn't they just take a walk on their mortgage and say, "I want in on that"? Well, look, that, that's one of the tricky things that we've got to figure out how to structure.
We don't want what you just described, a moral hazard problem where you have incentive to act irresponsibly. But, you know, if my neighbor's house is on fire, even if they were smoking in the bedroom or leaving the stove on, right now my main incentive is to put out that fire so that it doesn't spread to my house. And I think most people recognize that even if there were some poor decisions made by home buyers, that right now our biggest incentive is to make sure that the housing market is strengthened.
I do think that we have to put in place a set of rules of the road, some financial regulations that prevent the kind of speculation and leveraging, that we saw, in the future. Advertise And so, as part of our economic recovery package, what you will see coming out of my administration right at the center is a strong set of new financial regulations in which banks, ratings agencies, mortgage brokers, a whole bunch of folks start having to be much more accountable and behave much more responsibly because we can't put ourselves--we, we can't create the kind of systemic risks that we're creating right now, particularly because everything is so interdependent.
We've got to have transparency, openness, fair dealing in our financial markets. And that's an area where I think, over the last eight years, we've fallen short. President-elect, we're going to take a break. When we come back, we're going to talk about taxes, the fallout from Mumbai, obviously, Iraq and Afghanistan.
More of our exclusive interview yesterday in Chicago with President-elect Barack Obama after this brief station break. We're back with President-elect Obama. We want to talk about taxes. That was a central piece of your campaign. Here's what you had to say. We need to roll back the Bush-McCain tax cuts and invest in things like health care that are really important. Instead of giving tax breaks to the wealthy, who don't need them and weren't even asking for them, we should be putting a middle class tax cut into the pockets of working families.
Have the economic conditions changed what you hoped to do about taxes? Is that your plan? Well, understand what my original tax plan was. It was a net tax cut. Ninety-five percent of working families would get tax relief. To help pay for that, people like you and me, Tom, who make more than a quarter million dollars a year, would play--pay slightly more.
We'd essentially go back to the tax rates that existed back in the s. My economic team right now is examining do we repeal that through legislation? Do we let it lapse so that when the Bush tax cuts expire they're not renewed when it comes to wealthiest Americans?
And we don't yet know what the best approach is going to be, but the overall thrust is going to be that 95 percent of working families are going to get a tax cut, and the wealthiest Americans, who disproportionately benefited not only from tax cuts from the Bush administration but also disproportionately benefited when it comes to corporate profits and where the gains and productivity were going, they are going to give up a little bit more.
And it turns out that But right away or ? Well, as I said, my economic team's taking a look at this right now. But, but I think the important principle--because sometimes when we start talking about taxes and I say I want a more balanced tax code, people think, well, you know, that's class warfare. It, it turns out that our economy grows best when the benefits of the economy are most widely spread.
And that has been true historically. And, you know, the real aberration has been over the last 10, 15 years in which you've seen a huge shift in terms of resources to the wealthiest and the vast majority of Americans taking home less and less. Their incomes, their wages have flatlined at a time that costs of everything have gone up, and we've actually become a more productive society. So what we want to do is actually go back to what has been the traditional pattern.
Barack Obama 2008 presidential primary campaign
We have a broad-based middle class, economic growth from the bottom up. That, I think, will be the recipe for everybody doing better over the long term.
Your vice president, Joe Biden, said during the course of this campaign it would be patriotic for the wealthy to pay more in taxes. In this economy, does he still believe that? Well, I--you know, I think what Joe meant is exactly what I described, which is that if, if our entire economic policy is premised on the notion that greed is good and "What's in it for me," it turns out that that's not good for anybody.
It's not good for the wealthy, it's not good for the poor, and it's not good for the vast majority in the middle. If we've learned anything from this current financial crisis--think about how this evolved. You had a situation in which you started seeing home foreclosures rise. You had a middle class that was vulnerable and couldn't make payments. Suddenly, all the borrowing that had been--and, and, and all the speculation that had been premised on those folks doing OK, that starts evaporating.
Next thing you know, you've got Lehman Brothers going under. People used to think that, well, there, there's no connection between those two things. It turns out that when we all do well, then the economy, as a whole, is going to benefit. I want to move now to international affairs, the war on terror. Obviously, we have all been stunned by what happened in India at Mumbai. It is still playing out in that part of the world.
You have said that the United States reserves the right to go after terrorists in Pakistan if you have targets of opportunity. Does India now also have that right of hot pursuit? Well, I'm not going to comment on that. What, what I'm going to restate is a basic principle. Number one, if a country is attacked, it has the right to defend itself. I think that's universally acknowledged. The second thing is that we need a strategic partnership with all the parties in the region--Pakistan and India and the Afghan government--to stamp out the kind of militant, violent, terrorist extremists that have set up base camps and that are operating in ways that threaten the security of everybody in the international community.
And, as I've said before, we can't continue to look at Afghanistan in isolation. We have to see it as a part of a regional problem that includes Pakistan, includes India, includes Kashmir, includes Iran.
And part of the kind of foreign policy I want to shape is one in which we have tough, direct diplomacy combined with more effective military operations, focused on what is the number one threat against U. And that's al-Qaeda and, and, and their various affiliates, and we are going to go after them fiercely in the years to come.
President Zardari of Pakistan has said that he expects you to re-examine the American policy of using unmanned missiles for attacks on terrorist camps in Pakistan; and there have been civilian casualties in those attacks as well. Are you re-examining that policy? Well, I--what I want to do is to create the kind of effective, strategic partnership with Pakistan that allows us, in concert, to assure that terrorists are not setting up safe havens in some of these border regions between Pakistan and Afghanistan.
So far President Zardari has sent the right signals. He's indicated that he recognizes this is not just a threat to the United States, but it is a threat to Pakistan as well. There was a bombing in Pakistan just yesterday that killed scores of people, and so you're seeing greater and greater terrorist activity inside of Pakistan. I think this democratically-elected government understands that threat, and I hope that in the coming months that we're going to be able to establish the kind of close, effective, working relationship that makes both countries safer.
That part of the world is such a hot zone. Is it going to be necessary for you to appoint some kind of a special envoy to worry only about South Asia with presidential authority? I have enormous confidence in Senator Clinton's ability to rebuild alliances and to send a strong signal that we're going to do business differently and place an emphasis on diplomacy.
Let's talk for a moment about Iraq. It was a principal--it was one of the principals in the organization of your campaign at the beginning. A lot of people voted for you because they thought you would bring the war in Iraq to an end very swiftly.
Here is what you had to say on July 3rd of this year about what you would do once you took office. I intend to end this war.Former president Obama speaks at the University of Illinois
My first day in office I will bring the Joint Chiefs of Staff in and I will give them a new mission, and that is to end this war responsibly, deliberately, but decisively. When does the drawdown of American troops begin and when does it end in Iraq?
Well, one of my first acts as president, once I'm sworn in, will be to bring in the Joint Chiefs of Staff, to bring in my national security team, and design a plan for a responsible drawdown.
You are seeing a convergence. When I began this campaign, there was a lot of controversy about the idea of starting to draw down troops.
Now you've seen the--this administration sign an agreement with the Iraqi government, both creating a time frame for removing U. And so what I want to do is tell our Joint Chiefs, let's do it as quickly as we can do to maintain stability in Iraq, maintain the safety of U.
But recognizing that the central front on terror, as Bob Gates said, started in Afghanistan, in the border regions between Afghanistan and Pakistan. That's where it will end, and that has to be our priority.
Jim Jones, who is your new national security adviser, the man that you want to have in that job, who was the Marine commandant when we first went into Afghanistan, I had a conversation with him at that time, and he said to me, "I know how we're going to get into Afghanistan; I don't know how we're going to get out of Afghanistan.
Well, I think we're, we're starting to see a consensus that we have to have more effective military action, and that means additional troops, but it also means more effective coordination with our NATO allies. It means that we have to have much more effective diplomacy in the region. We can't solve Afghanistan without solving Pakistan and working more effectively with that country.
I have also stated publicly that I think we have both strategic interests and humanitarian responsibilities in ensuring that Iraq is as stable as possible under the circumstances. Finally, I said publicly that it is my preference not to micromanage the Commander-in-Chief in the prosecution of war.
Ultimately, I do not believe that is the ideal role for Congress to play. But at a certain point, we have to draw a line. At a certain point, the American people have to have some confidence that we are not simply going down this blind alley in perpetuity.
When it comes to the war in Iraq, the time for promises and assurances, for waiting and patience is over. Too many lives have been lost and too many billions have been spent for us to trust the President on another tried-and-failed policy, opposed by generals and experts, opposed by Democrats and Republicans, opposed by Americans and even the Iraqis themselves.
It is time to change our policy. It is time to give Iraqis their country back, and it is time to refocus America's effort on the wider struggle against terror yet to be won. Our troops have done all that we have asked them to do and more. But no amount of American soldiers can solve the political differences at the heart of somebody else's civil war, nor settle the grievances in the hearts of the combatants.
It is my firm belief that the responsible course of action - for the United States, for Iraq, and for our troops - is to oppose this reckless escalation and to pursue a new policy. This policy that I've laid out is consistent with what I have advocated for well over a year, with many of the recommendations of the bipartisan Iraq Study Group, and with what the American people demanded in the November election.
When it comes to the war in Iraq, the time for promises and assurances, for waiting and patience, is over. Too many lives have been lost and too many billions have been spent for us to trust the President on another tried and failed policy opposed by generals and experts, Democrats and Republicans, Americans and many of the Iraqis themselves. The notion that as a consequence of that [ Congressional] authorization, the president can continue down a failed path without any constraints from Congress whatsoever is wrong and is not warranted by our Constitution.
Interview on Iraq with the Associated Press 30 January I recognize there is a certain presumptuousness in this, a certain audacity, to this announcement. Announcement of Candidacy for President of the United States.
We are distracted from our real failures and told to blame the other party, or gay people, or immigrants, and as people have looked away in frustration and disillusionment, we know who has filled the void. The cynics, the lobbyists, the special interests, who've turned government into only a game they can afford to play. They write the checks while you get stuck with the bill.
They get access while you get to write a letter. But the Israelis must trust that they have a true Palestinian partner for peace. That is why we must strengthen the hands of Palestinian moderates who seek peace and that is why we must maintain the isolation of Hamas and other extremists who are committed to Israel's destruction. Of the Arabic call to prayer — as quoted in "Obama: Man of the World" by Nicholas D.
Kristof, The New York Times March 6, In Africa, you often see that the difference between a village where everybody eats and a village where people starve is government.
One has a functioning government, and the other does not. Which is why it bothers me when I hear people say that government is the enemy. They don't understand its fundamental role. Profile in The Independent Magazine 10 March Nobody's suffering more than the Palestinian people from this whole process. And I would like to see — if we could get some movement from Palestinian leadership — what I'd like to see is a loosening up of some of the restrictions on providing aid directly to the Palestinian people.
Ten thousand people died — an entire town destroyed. People ask me whether they thought race was the reason the response was so slow. I say, "well, no, this administration was colorblind in its incompetence. And so God is asking us today to remember the miracle of that baby and he's asking us, he says, "Take the bullet out! If we have millions of people goin' to the emergency room for treatable illnesses like asthma, it's time to take the bullet out.
If too many of our kids don't have health insurance, it's time to take that bullet out. Now here's the thing, when happened in New York City, they waived the Stafford Act — said, "This is too serious a problem.